Poonawalla Fincorp reports a strong jump in quarterly earnings for Q1 FY27, with net profit rising to around ₹308 crore. NDTV says net profit increases nearly five-fold to ₹308 crore, while Free Press Journal reports consolidated net profit of ₹307.71 crore for the quarter ended 30 June 2026. Free Press Journal adds that this is up 380% year-on-year from ₹62.60 crore in the same quarter last year, and also higher quarter-on-quarter by 20.77% from ₹254.79 crore in the quarter ended 31 March 2026. The outlet reports revenue from operations of ₹2,330.22 crore for the quarter, up from ₹1,313.97 crore a year earlier, and an increase of 10.15% from ₹2,115.49 crore sequentially. It also states net interest income and other components rise, with NDTV citing net interest income (including fees and other income) increasing 10.9% sequentially to ₹1,415 crore. Free Press Journal further reports total comprehensive income of ₹300.33 crore, plus higher total income and expenses, and earnings per share of ₹3.55 versus ₹0.81 a year ago.
Poonawalla Fincorp Q1 profit rises nearly five-fold to about ₹308 crore
Poonawalla Fincorp reports a strong jump in quarterly earnings for Q1 FY27, with net profit rising to around ₹308 crore. NDTV says net profit increases nearly five-fold to ₹308 crore, while Free Press...
- Poonawalla Fincorp reports Q1 FY27 net profit of about ₹308 crore for the quarter ended 30 June 2026.
- Net profit rises sharply year-on-year (reported as about 380% to ₹307.71 crore) and increases quarter-on-quarter (about 20.77%).
- Net interest income (including fees and other income) increases sequentially to ₹1,415 crore (10.9% rise reported).
- Revenue from operations for the quarter is ₹2,330.22 crore, up from ₹1,313.97 crore year-on-year and up from ₹2,115.49 crore quarter-on-quarter.
- Earnings per share increases to about ₹3.55 in the quarter, from ₹0.81 in the year-ago period.
Mumbai: Poonawalla Fincorp Ltd announced on Thursday a consolidated net profit of ₹307.71 crore for the quarter ended 30 June 2026. This represents a 380% increase compared to the ₹62.60 crore reported in the same quarter last year.Quarterly PerformanceThe company's consolidated net profit also saw a quarter-on-quarter rise of 20.77%, up from ₹254.79 crore in the quarter ended 31 March 2026. Total comprehensive income for the quarter stood at ₹300.33 crore, compared to ₹46.56 crore in the year-ago period.Poonawalla Fincorp Reports ₹60,325 Crore AUM & ₹7,550 Crore Liquidity For March 2026 Quarter Revenue from OperationsTotal revenue from operations for the quarter ended 30 June 2026 was ₹2,330.22 crore. This is a significant increase from ₹1,313.97 crore recorded in the quarter ended 30 June 2025. Quarter-on-quarter, revenue from operations grew by 10.15% from ₹2,115.49 crore in the preceding quarter.Total Income and ExpensesTotal income for the quarter reached ₹2,336.92 crore, up from ₹1,314.01 crore in the corresponding period last year. Total expenses for the current quarter were ₹1,925.66 crore, rising from ₹1,230.57 crore in the quarter ended 30 June 2025.Earnings Per ShareBasic earnings per share (EPS) for the quarter ended 30 June 2026 increased to ₹3.55. This is up from ₹0.81 in the quarter ended 30 June 2025. Diluted EPS also rose to ₹3.54 for the current quarter, compared to ₹0.81 in the year-ago period.Poonawalla Fincorp Q4 Net Profit Plunges 81% To ₹62 Crore Amid One-Time Expenses And Provisions Qualified Institutional PlacementDuring the quarter, Poonawalla Fincorp completed a Qualified Institutions Placement (QIP) on 13 April 2026. The company issued 67,430,883 equity shares at an issue price of ₹370.75 per share, raising ₹2,500.00 crore. The funds were used as per the stated objects in the placement document.Joint Statutory AuditorsM S K A & Associates LLP and Kirtane & Pandit LLP served as joint statutory auditors for the unaudited standalone and consolidated financial results. The auditors issued an unmodified conclusion on these financial results.Disclaimer: This report is based on the company's filed financial results (standalone or consolidated, as applicable) and is intended solely for informational purposes. It does not constitute investment advice or a recommendation to buy, sell or hold any security.
3 hours agoNet interest income, including fees and other income, rose 10.9% sequentially to Rs 1,415 crore.
4 hours ago
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